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Jan 16, 2025
TSMC's Q4 profit rises 57% to a record, in line with forecast
TAIPEI (Reuters) - Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from surging demand for...
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Jan 16, 2025
TSMC Q4 profit beats expectations on robust AI demand; Capex to ramp up in 2025
-- Taiwan Semiconductor Manufacturing Co, also known as TSMC, clocked a stronger-than-expected fourth quarter profit on Thursday, as it continued to benefit from...
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Jan 16, 2025
Australia stocks higher at close of trade; S&P/ASX 200 up 1.38%
– Australia stocks were higher after the close on Thursday, as gains in the Financials, A-REITs and Gold sectors led shares higher. At the close in Sydney, the...
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Jan 16, 2025
Hindenburg, short-seller behind Adani selloff to shut down, says founder
-- Hindenburg Research, the U.S.-based short-selling firm known for its scathing reports on major companies, announced its decision to shut down operations amid...
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Jan 16, 2025
Exclusive-Chinese buyers interested in unwanted German Volkswagen factories, source says
By John O'Donnell and Victoria Waldersee FRANKFURT/BERLIN (Reuters) - Chinese officials and automakers are eyeing German factories slated for closure and are particularly...
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Jan 15, 2025
First Solar: Seaport upgrades rating to ‘Buy' on strong US market position
-- Seaport Research Partners has upgraded First Solar Inc (NASDAQ:FSLR) from "Neutral" to "Buy", citing its robust position in the utility-scale solar and storage...
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Jan 15, 2025
TikTok CEO plans to attend Trump inauguration, NYT reports
(Reuters) - The chief executive of TikTok plans to attend U.S. President-elect Donald Trump's inauguration, the New York Times (NYSE:NYT) reported on Wednesday, citing two...
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Jan 15, 2025
Biden administration considers options to keep TikTok available- NBC
-- President Joe Biden’s administration is mulling over ways to keep TikTok available in the U.S., NBC reported on Wednesday evening, as a ban on the video platform is...
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Jan 15, 2025
China Vanke has no plans to extend bonds amid market slump, REDD reports
(Reuters) - Property developer China Vanke told some investors on Wednesday that it had no plans to extend its bonds amid a market sell-off, financial news outlet REDD reported,...
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Jan 15, 2025
Apple's Mainland China shipments drop 25% in Q4 amid tough competition- Canalys
-- Apple Inc (NASDAQ:AAPL) saw its smartphone shipments in Mainland China drop sharply by 25% year-on-year in the fourth quarter of 2024, according to a research...
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